Hapag-Lloyd has entered a significant agreement with Goldwind, a Beijing-based global leader in clean energy, for an annual supply of 250,000 tonnes of green methanol. This move is part of Hapag-Lloyd’s Strategy 2030, focusing on sustainable investments and aligning with the Paris Agreement’s 1.5°C target.
Key Highlights
- Substantial GHG Emission Reductions
- Green methanol, a blend of bio- and e-methanol, will reduce greenhouse gas emissions by at least 70% compared to conventional fuels.
- The supply will save up to 400,000 tonnes of CO2e emissions annually for Hapag-Lloyd’s fleet operations.
- Strategic Investments in Decarbonization
- Hapag-Lloyd aims to cut absolute fleet emissions by one-third by 2030 compared to 2022.
- The agreement supports Hapag-Lloyd’s vision of achieving net-zero fleet operations by 2045.
- Goldwind’s Role in Green Methanol Production
- Goldwind plans to establish a new green methanol factory adjacent to its existing facility in Hinggan League, China.
- The project is expected to deliver early volumes by 2026, with the full facility operational by late 2027, subject to Board approval.
- Advancing Multi-Fuel Shipping Solutions
- Green methanol is integral to Hapag-Lloyd’s multi-fuel strategy, complementing other investments in LNG and dual-fuel technologies.
- Five 10,100 TEU charter ships, set for methanol dual-fuel retrofitting in 2026, will benefit from this green methanol supply.
Leadership Perspectives
- Rolf Habben Jansen, CEO of Hapag-Lloyd:
“This agreement is a vital step in securing green fuel supplies and advancing our commitment to sustainable shipping. We aim to lead the transformation of the liner shipping industry.” - Wu Gang, Chairman of Goldwind:
“Our partnership with Hapag-Lloyd highlights Goldwind’s capability to support leading shipping companies in achieving their decarbonization goals.” - Jan Christensen, Senior Director, Global Fuel Purchasing, Hapag-Lloyd:
“Green methanol is a cornerstone of our multi-fuel strategy. Partnerships like this with Goldwind are critical to advancing sustainable shipping solutions.”
This agreement with Goldwind marks a pivotal step in Hapag-Lloyd’s journey toward a greener future. By integrating green methanol into its operations, the company strengthens its role as a leader in the decarbonization of the shipping industry while setting a benchmark for sustainability-driven innovation.
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Source: Hapag-Lloyd
